Good day!
Today is a big day for many reasons, but mainly to clear the context of uncertainty.
1- How to read and translate NFP data?
* Inline data: It's positive for equities; it's a ST relief.
* Overshoot: This is tricky: the Average Hourly Earnings must be inline or below expectation of 0.3% and strong green the two other components (NFP and Unemployment Rate). This overshoot will be very well received.
In the case of Average Hourly earnings positive, it will become a mixed data with unknown behavior from the market.
* Undershoot (the opposite of overshoot): NQ will drop to the final target 19620.
2- Powell and other FED members will speak today: In the current context, FED members might hint certain openness for printing free money and rate cut.
Any hint of this type will send NQ up and absorb/erase any undershoot from NFP data.
3- Unpredicted news from Trump's team: As they're following closely the stock market, there is a big chance that they intervene in the case of undershoot NFP with candies and carrots.
Hence, it will be very difficult to trade today. The up and down will be furious.
GL!
Today is a big day for many reasons, but mainly to clear the context of uncertainty.
1- How to read and translate NFP data?
* Inline data: It's positive for equities; it's a ST relief.
* Overshoot: This is tricky: the Average Hourly Earnings must be inline or below expectation of 0.3% and strong green the two other components (NFP and Unemployment Rate). This overshoot will be very well received.
In the case of Average Hourly earnings positive, it will become a mixed data with unknown behavior from the market.
* Undershoot (the opposite of overshoot): NQ will drop to the final target 19620.
2- Powell and other FED members will speak today: In the current context, FED members might hint certain openness for printing free money and rate cut.
Any hint of this type will send NQ up and absorb/erase any undershoot from NFP data.
3- Unpredicted news from Trump's team: As they're following closely the stock market, there is a big chance that they intervene in the case of undershoot NFP with candies and carrots.
Hence, it will be very difficult to trade today. The up and down will be furious.
GL!
Dagangan aktif
NFP data came Inline towards Undershoot with the revisions.So most like, NQ will continue dropping unless FED members hint something else or Trump's team intervene.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.